SAN FRANCISCO--(EON: Enhanced Online News)--Wells Fargo & Company (NYSE: WFC) is ringing in the Lunar New Year with
a $50,000 grant to the Asian and Pacific Islander American Scholarship
Fund (APIASF) to support scholarships for Asian-American students who
aspire to achieve their higher education goals. The company will
participate in celebrations at New Year festivals throughout the
country, including downtown San Francisco, Los Angeles, Houston, Seattle
and New York’s Chinatown.

“The APIASF/Wells Fargo Scholarship has eased the financial burden of
funding my education. This scholarship brings me one step closer to
realizing my dreams, and for this opportunity, I am eternally grateful”

To commemorate the New Year, Wells Fargo is offering a limited edition
Ram Coin Bank when customers open a new eligible consumer checking
account at participating store locations from February 2 to March 6,
2015.* New and current customers can personalize their debit cards with
specially designed Lunar New Year art for the Year of the Ram. For more
details, visit [wellsfargo.com/yearofram].

The Asian and Pacific Islander American Scholarship fund is the nation’s
largest nonprofit provider of college scholarships for Asian American
and Pacific Islander (AAPI) students. “Wells Fargo has been a huge
supporter of APIASF and has invested more than $5 million over the last
eight years to support AAPI students. We are honored to have Wells
Fargo’s support to help increase opportunities for underserved students
and build the skills needed to succeed after graduation,” said Neil
Horikoshi, president and executive director of APIASF.

The donation is in addition to a multi-year $3.15
million commitment from Wells Fargo to APIASF in 2014. As a founding
sponsor of APIASF, the company has invested in APIASF’s development
programs, college tours and scholarship programs for college-bound
students from underrepresented Asian and Pacific Islander communities.
Since 2006, Wells Fargo has contributed more than $5.4 million to
APIASF, and the collaboration has helped more than 800 scholars
throughout the country and in U.S. territories in the Pacific.

“Wells Fargo is excited to celebrate the Lunar New Year with the
Asian-American community,” said Arati Randolph, Wells Fargo senior vice
president, corporate communications and APIASF board member. “We believe
education and our collaboration with APIASF are among the many ways in
which Wells Fargo invests in the growth of our communities. Wells Fargo
is committed to working together alongside our communities because we
value and understand that higher education is a pathway to a brighter
future for many Asian-American families.”

Wells Fargo is committed to the Asian-American community and works
closely with nonprofit organizations to provide quality assistance to
those working to achieve their educational goals. In 2013, Wells Fargo
invested a record $275.5 million in 18,500 nonprofits, educational
programs and schools, including $10.5 million to organizations
specifically serving the Asian community, including APIASF.

“The APIASF/Wells Fargo Scholarship has eased the financial burden of
funding my education. This scholarship brings me one step closer to
realizing my dreams, and for this opportunity, I am eternally grateful,”
said Jason Truong, 2014 APIASF/Wells Fargo Scholar. “It is truly
life-changing to have received such an honor, and I hope to pay it
forward in some way in the future.”

*To qualify for the Ram Coin Bank, a new Wells Fargo consumer checking
account customer must open and fund a new eligible Wells Fargo consumer
checking account with a $50 minimum opening deposit. All Wells Fargo
consumer checking accounts are eligible for the Ram Coin Bank except Teen
Checking℠ account. See banker for details. Offer valid from 2/2/2015
through 3/6/2015 only or while supplies last. Offer only available at
participating Wells Fargo store locations. Offer may not be combined
with any other offer. Wells Fargo team members are not eligible. Limit
one Ram Coin Bank per customer. Customer will receive the Ram Coin Bank
at the time of opening and funding the new Wells Fargo consumer checking
account.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified,
community-based financial services company with $1.7 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial
finance through more than 8,700 locations, 12,500 ATMs, and the internet
(wellsfargo.com), and has offices in 36 countries to support customers
who conduct business in the global economy. With approximately 265,000
team members, Wells Fargo serves one in three households in the United
States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014
rankings of America’s largest corporations. Wells Fargo’s vision is to
satisfy all our customers’ financial needs and help them succeed
financially. Wells Fargo perspectives are also available at Wells
Fargo Blogs and Wells
Fargo Stories.

About the Asian & Pacific Islander American Scholarship Fund

Based in Washington, D.C., the Asian & Pacific Islander American
Scholarship Fund (APIASF) is the nation's largest nonprofit provider of
college scholarships for Asian Americans and Pacific Islanders (AAPI).
APIASF works to create opportunities for students to access, complete,
and succeed after post-secondary education; thereby developing future
leaders who will excel in their career, serve as role models in their
communities, and will ultimately contribute to a vibrant America. Since
2003, APIASF has distributed more than $80 million in scholarships to
AAPI students across the country and in the Pacific Islands. APIASF
manages three scholarship programs: APIASF's general scholarship, the
APIASF Asian American and Native American Pacific Islander - Serving
Institution scholarship program, and the Gates Millennium Scholars/Asian
Pacific Islander Americans funded by a grant from the Bill & Melinda
Gates Foundation.

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